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Can service tax refund be claimed be me on a flat that I had bought


19-Apr-2023 (In Tax Law)
We had purchased a flat in Noida in 2012. We have heard that as per law now buyers can claim service tax refund with 6% of interest that they had paid to builders. I want to know process to claim service tax refund.
Answers (1)

Answer #1
969 votes
Service tax refund can be claimed if you have paid the same on an under construction flat in a scenario where the price of under construction flats included the cost of land as no service tax shall be payable on the value of land. The same has been held by the Honble Delhi High Court in the case of Suresh Kumar Bansal Vs Union of India & Others. The same pertains to all the payments of service tax on under construction flats purchased after July 2012. If you have purchased your flat after the said period service tax refund can be claimed by filing a refund application before service tax authorities. For any help regarding filing the same you can seek my help at any time
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